Mexico Insurance - A Border Surprise?
Mexican law officials require that visitors compensate for a wide array of potential expenses ranging from financial liability from injury or death of innocent bystanders, to property damage, and sometimes medical expenses for people in your vehicle. It is also important to remember that the Republic of Mexico will not officially recognize any policy unless it is written by an approved Mexican insurer. This explains why is it vital to purchase a Mexican Insurance Policy from an officially licensed company with permission to conduct business in Mexico. Basic common sense would dictate you purchase Mexican Insurance prior to entering the country, because you will have a better understanding about what you are getting and just as importantly, you can see what you are NOT getting.
For example, there are insurers at the border who sell annual insurance policies. What some sellers neglect to mention is that several policies sold along the border have an exclusion which states that whenever you are in Mexico for more than 90 days within any annual time period, the policy is invalid.
Despite the fact that Mexican car insurance can be secured by vendors near the border, buying your insurance online and ahead of time can avoid unnecessary complications. You should ask yourself;
If I drive up to a booth with a nice vehicle, they will know I’m a captive buyer. Will the salesman increase the cost or adjust the fee based on what they think I can afford to pay?
Did I purchase the right policy for my particular vehicle?
Understanding Mexico Auto Insurance is a-la-carte, what do I need?
Understanding Mexican Insurance is a-la-carte, what is covered?
What is the worst actual exposure in Mexico?
Does my policy cover the area I plan to travel in?
Am I getting good economic value for my money?
Why do some policies add taxes and high fees and others do not?
Purchasing Mexico Insurance Online is easily the fastest, most reliable, convenient option. WebSites with various policy choices and sites that allow comparing and customization of quotes are usually the safest, most affordable bet.
